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On Wednesday, the European Union, the United States has reacted to new tasks that respond to new tasks in all steel and aluminum imports of the Trump Administration, which are new tasks related to industrial and economic products.
The world’s largest trading block was waiting for US tariffs and prepared in advance, but the measures were still placed a great tension in the tense transatlantic relations. Only last month Washington warned Europe to pay attention to their security in the future.
EU measures will cover the goods from the United States, not 66 billion euros ($ 40 billion) and not only steel and aluminum products. Textiles, home appliances, agricultural products will hit the tariffs, because motorcycles, borders, peanut butter and jeans, the second US President Donald Trump has been taxed in the first term of Donald Trump.
The EU’s tasks target pressure points in the United States while adding additional damage to Europe. Tariffs – Taxes on import – first of all, Republican states are targeted, soy doiler Mike Johnson’s Louisiana and Kansas and Nebraska in the dynamics of the house. Alabama, Georgia and Virginia are also listed.
On behalf of the EU member states, the European Commission, which manages trade and trade conflicts, some seafood, nuts, eggs and eggs, including sugar, sugar and vegetables, will be pumped out of skin and agricultural products.
Tariffs ‘not in our common interests’
President of the European Commission Ursula Von Der Leien said in a statement in his statement, “It will always be open to talk.”
“As the United States applies $ 28 billion tariffs, we respond to 26 billion euros,” he said. “We are strongly believe that in a world, it is full of geopolitical and economic uncertainties, not in our common interests to download our economies with tariffs.”
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Trump said that the taxes would help the US factory establish factory work, but Von Der Leyen said: “The work will rise. Prices will rise in Europe and the United States.”
“We are deep in this size. Tariffs are taxes. They are bad for work and are bad for consumers. These tariffs break the supply chains. They bring uncertainty to the economy.”
The EU’s American Chamber of Commerce will damage the US tariffs and EU counter-events “only work, prosperity and security on both sides of the Atlantic.”
“The parties must negotiate and find it as a result of the negotiations.”
Trump’s 1st period
Trump hit Tariffs similar to the EU In the first period in the office of steel and aluminum, European and other allies. The EU has taken revenge at the same time and applied reverse measures.
This time, the EU activities will be taken two steps. First, the Commission will re-guide the EU in the 2020s of the EU in 2018 and 2020, but “re-balancing measures”, which was suspended under the Biden administration. Then, on April 13, there are additional tasks that target 19 billion euros ($ 19 billion) in the United States.
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Ab-Trade Commissioner Maros Sefjovic, last month, went out of the tariffs in Washington, the US Trading Secretary Howard Lutnick and other trade officials.
It was clear during his visit to the EU’s “EU problem.”
“I have argued to prevent unnecessary loads of measures and countermeasures, but you need your partner for this. Sefcovic told reporters in the French European Parliament in Strasbourg.
European steel companies are bent for losses
According to the European Steel Association Eurofer, the EU may lose 3.7 million tons of steel exports. The United States is the second largest export market for EU steel manufacturers, which represents 16 percent of steel exports.
The EU estimates that the annual trade between both sides is about $ 1.5 trillion between the two parties representing 30 percent of the global trade. Although there is an important export surplus in the block, it says the United States is replaced by the United States.
Britain, who is not part of the EU, said he would not apply revenge measures in the United States
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